Cashfree Payments Appoints New Chief Financial Officer

Artistic representation for Cashfree Payments Appoints New Chief Financial Officer

Synopsis
The Indian payments company has appointed Piyush Anchliya as its new chief financial officer, with a focus on driving financial strategy and sustainable growth. Piyush Anchliya, with over 15 years of experience in the finance and M&A sector, will report to Akash Sinha, CEO and co-founder of Cashfree Payments.

Key Responsibilities

• Driving financial strategy and optimising operations
• Supporting the company’s next phase of strategic growth
• Advancing the firm’s financial and strategic objectives

Ambitious Goals

• Scaling sustainably
• Strengthening the financial foundation
• Creating value for stakeholders
• Contributing to the mission of delivering the best in payments to businesses across the ecosystem

Expertise

• National and international experience across investment banking, corporate finance, corporate strategy, and M&A
• Senior roles at Barclays and IDFC / Bandhan Group
• Most recently, served as the CFO at Bandhan AMC (previously IDFC Asset Management)

Recent Development

• Raised $53 million in a funding round led by KRAFTON and Apis Growth Fund II
• Processes transactions worth $80 billion annually for over 800,000 businesses
• Backed by Silicon Valley investor Y Combinator, Apis Partners, State Bank of India (SBI), and incubated by PayPal

Key Dates Key Events
2015 Founded
2023 Appointed Piyush Anchliya as CFO

Quotes from CEO and CFO

As we enter the next phase of growth, Piyush’s valuable experience across the financial services industry will be key to scaling sustainably and strengthening our financial foundation. We are excited to have him on board as we continue building the trusted financial backbone for businesses of all sizes. — Akash Sinha, CEO and Co-Founder

This is an exciting time to join the company as it continues to drive innovation in India’s fintech space. I am looking forward to advancing our strategic priorities, creating value for our stakeholders, and contributing to our mission of delivering the best in payments to businesses across the ecosystem. — Piyush Anchliya, CFO

Leadership Team

  • Akash Sinha, CEO and Co-Founder
  • Piyush Anchliya, CFO

Sustainability and Growth

Driving Sustainable Growth
• Scaling sustainably
• Strengthening the financial foundation
• Creating value for stakeholders
Key to Financial Success
• Expertise in public and private markets
• Focus on sustainable growth
• Strategic objectives advancing

Conclusion

The appointment of Piyush Anchliya as the new CFO of Cashfree Payments marks an exciting milestone in the company’s journey towards sustainable growth and financial success. With his extensive experience and expertise, Anchliya will play a vital role in driving the company’s strategic objectives and creating value for its stakeholders. As the company continues to drive innovation in India’s fintech space, Anchliya’s leadership will be instrumental in shaping its future success.

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